
Some of the recent tax law changes will affect us as a United Methodist Church. First, the moving expenses paid for clergy who move will not be excludable from income for the years 2018 through 2025. This means that when a clergy moves, the amount that the conference pays for the move will be taxable income to the clergy. Second, the increase in the standard deduction has been predicted to impact charitable giving. The increase in the standard deduction will result in fewer taxpayers being able to itemize charitable donations as deductions; therefore, fewer taxpayers will receive a tax benefit when making charitable donations.